The full nationalisation of British Steel is set to be announced in the King’s Speech next week, it has been reported.
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I hate that 'only nationalise it when it's failing' mentality though. Not that it's wrong to nationalise steel on the grounds that it's strategically important to have domestic steel production - but if that's the argument, it's also important to have domestic production of food, medicines, energy, etc - so why not nationalise them ? (Especially energy - which in the UK arguably is in fact failing.)
@GeofCox I could not agree with you more xx
